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TMI BlogFDI in E-CommerceX X X X Extracts X X X X X X X X Extracts X X X X ..... FDI in E-Commerce X X X X Extracts X X X X X X X X Extracts X X X X ..... n this regard. Based on the outcome of the investigation, appropriate action under the provision of FEMA is taken in such cases. With a view to promote foreign investment, as per regulations framed under Foreign Exchange Management Act, (FEMA) 1999, FDI up to 100% under the automatic route is permitted in companies engaged in e-commerce provided that such companies would engage in Business to Bus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iness (B2B) e-commerce. Foreign investment in Business to Customer (B2C) e-commerce activities has been opened in a calibrated manner and an entity is permitted to undertake retail trading through e-commerce under the following circumstances: (i) A manufacturer is permitted to sell its products manufactured in India through e-commerce retail. (ii) A single brand retail trading entity operating ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... through brick and mortar stores, is permitted to undertake retail trading through e-commerce. (iii) An Indian manufacturer is permitted to sell its own single brand products through e-commerce retail. Indian manufacturer would be the investee company, which is the owner of the Indian brand and which manufactures in India, in terms of value, at least 70% of its products in house, and sources, at m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ost 30% from Indian manufacturers.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Rajya Sabha today.
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